Planning for Kien Giang province for the period 2021-2030, vision to 2050

The Prime Minister of Vietnam issued the Planning for Kien Giang Province for the period 2021-2030, with a vision to 2050 in Decision 699/QD-TTg dated July 19, 2024.

Master  Plan  for  Kien  Giang  Province  for  the  Period  2021-2030,  Vision  to  2050

Planning for Kien Giang province for the period 2021-2030, vision to 2050 (Image from the Internet)

Planning for Kien Giang province for the period 2021-2030, vision to 2050

On July 19, 2024, the Prime Minister of Vietnam issued Decision699/QD-TTg promulgating the Plan to Implement the Planning for Kien Giang province for the period 2021-2030, vision to 2050, aiming to specify the planning options for sectors integrated into the provincial Master Plan. Specifically, the Prime Minister requires the implementation of projects according to the Provincial Planning as follows:

(1) List of priority projects and investment phases implementing the Provincial Planning until 2030

- Orientation towards a list of priority investment projects, investment phases, and resources for implementation until 2030 according to sectors (per Appendix II attached to Decision699/QD-TTg). These include 8 priority investment projects in agriculture and fisheries: Organic Rice-Shrimp Logistics Center; Rice Seed Center; Major Fishing Center of Kien Giang; An Thoi Fishing Port; Hon Ngang Island Fishing Port; Xeo Nhau Fishing Port; Linh Huynh Fishing Port; Muong Dao (Dong Ho) Fishing Port.

- Prioritize implementing major impactful infrastructure projects, particularly strategic transport infrastructure to ensure synchronous, modern, and comprehensive integration, promoting regional and intra-regional linkages associated with economic development corridors and key urban areas; healthcare, education, culture-sports, social security infrastructure; urban technical infrastructure in identified major cities and developmental triangles within the Master Plan to attract investment, ensuring rational and efficient investment structures.

- Investment projects using funds other than public investment:

+ Complete infrastructure investment in the province to optimize the efficiency of public investment projects. Attract investments to expand and enhance the productivity and efficiency of provincial production and business facilities.

+ Priority sectors for investment attraction include: Agriculture, fisheries (High-tech Agricultural-Fisheries Area); high-tech manufacturing clusters; industrial and economic zone infrastructure; land reclamation and artificial islands; trade-service and tourism areas; free trade zones and bonded warehouses; electricity-energy; water supply and environment; waste treatment, etc., based on the province's potentials and strengths.

+ Develop mechanisms and policies to encourage investment, mobilizing resources for development; private investment in education and training, healthcare, culture, sports, environmental protection, and other social welfare sectors.

+ Strengthen public-private partnerships (PPP) by improving the investment and business environment, administrative reform, enhancing provincial competitiveness; crafting breakthrough policies for strategic infrastructure development, focusing on private sector growth, especially large-scale enterprises and FDI enterprises; promoting bank-enterprise linkages, supporting investors in improving investment capital efficiency.

- The location, boundary scope, land area used, direction, total investment structure, funding sources, and detailed information of projects will be specified in urban planning, rural planning, district land use planning plans, technical planning, or during the stages of project proposal, appraisal, approval, or investment decision of programs and projects.

(2) Resources for implementing the planning

To achieve an average GRDP growth target of 7% annually during the 2021-2030 planning period, Kien Giang province requires a total social development investment capital of approximately 711.516 trillion VND, including: Capital demand for the 2021-2025 period is 263.129 trillion VND, and for the 2026-2030 period is 448.387 trillion VND, specifically:

Funding Source Structure in Total Capital for the 2021-2030 Period
2021-2025 Period 2026-2030 Period
State sector funds 24.4% (equivalent to 64.231 trillion VND) 22.9% (equivalent to 103.041 trillion VND)
Non-state sector funds 74.3% (equivalent to 195.585 trillion VND) 75.9% (equivalent to 340.151 trillion VND)
Foreign direct investment (FDI) funds 1.3% (equivalent to 3.313 trillion VND) 1.2% (equivalent to 5.196 trillion VND)

(3) Completing development mechanisms and policies and promoting regional linkages

Proactively complete local development mechanisms and policies and cooperate with ministries and central authorities, localities in the Mekong Delta region to build and finalize regional institutional policies and key projects that create breakthroughs for the development of the province, region, and sectors (nationally). (List of programs, plans, projects on mechanisms, and policies development in Appendix I attached to Decision699/QD-TTg)

More details can be found in Decision699/QD-TTg dated July 19, 2024.

Tran Trong Tin

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